Paytm’s parent company One97 Communications losses up by 78pc at Rs 1,640 Cr in FY18

One97 Communications, the parent company of India’s financial behemoth Paytm, has reported a total loss of Rs 1640.34 crore for the year ended March 31, 2018. This is the consolidated number including One97 Communications’ subsidiaries. The losses have widened by almost 78 percent as compared to filings from last fiscal, where the company reported a total consolidated loss of Rs 899.64 crore.